STABILITY, TRANSPARENCY, EFFICIENCY
The summer of 2014 was a hard one for the Bulgarian banking system, as two local banks became the target of liquidity attacks. Fibank, one of the victims, received liquidity back-up with the approval of the European Commission, and began the implementation of a strict plan for restructuring. Since June 2015, the Finn Jyrki Koskelo, an independent member of Fibank's Supervisory Board, has been one of the forces behind the restructuring process. Several month later, he is happy to say that the bank has done better than the projections had showed.